Posted on 04/21/2015 6:58:40 AM PDT by bestintxas
A dramatic change is in store for Austin’s skyline, as plans move forward on what now has become a 58-story tower that would be the city’s tallest building and the largest residential tower west of the Mississippi River.
The tower, named the Independent, would rise 685 feet on downtown’s southwestern edge, eclipsing the Austonian condominium high-rise in downtown Austin by two feet and two stories.
The Independent would bring 370 new luxury condominiums to market, priced from the mid-$300,000s to more than $3 million, the developer said. The project features a contemporary, tiered design by its architect, Austin-based Rhode:Partners.
The developers planning the project — Austin-based firms Constructive Ventures and Aspen Heights — said they expect to announce a groundbreaking date and construction schedule within a few months, once financing is lined up.
The tower would be the final piece in the high-profile redevelopment of the Seaholm District, a former industrial area that housed the Seaholm Power Plant and the Thomas C. Green Water Treatment Plant. Now, the area is rapidly transforming with new apartments, condos, shops, restaurants, offices, a hotel, a public library, a Trader Joe’s grocery and more.
City officials say the $2 billion in public and private investment pouring into the area is expected to generate millions of dollars in property and sales tax revenue in coming decades, including more than $62 million for affordable housing.
(Excerpt) Read more at deseretnews.com ...
“9 bucks and some change. That’s what is costs me to take the toll road around Austin.”
Highway 35 in Austin is just as bad, if not worse than getting through the Lincoln tunnel friday afternoon.
“I lived in-and-near Austin for 30 years. I am so GLAD to be away from that mess, and in the country. Austin has, indeed, been wrecked by the Kommiefornia wrecking ball.”
I grew up in Austin during the 60’s and early 70’s.
It was fun then and the libs had not found it, save the peacenik demonstrations on UT campus.
Now it is cesspool of libs.
I chose to never move back because of that.
Water shortages are already infecting the city as they are in California. The libs love it as it allows more control to occur.
**priced from the mid-$300,000s **
For that, I could buy me a decent small house on an acreage outside of town!
It was quite a place back then.
...and Austin libs b*tch and complain about rent going sky high. I laugh in their general direction.
See: Back to School economics class scene with Rodney Dangerfield for how it works. :-)
https://www.youtube.com/watch?v=YlVDGmjz7eM
Thanks. The good part starts at 2 minutes, watch til the end.
Rodney was one of the best.
“It was quite a place back then.”
Yeah, grew up along South Congress and watched the first Schlotzky’s open up down the street, watched the World Premier of the Batman movie at the Paramount theater, Putt-putted at Peter Pan miniature golf course, swam when the swimming was good at zilker, tried to climb one of the ‘moonlight towers’ at night, dropped in at Armadillo World HQ, ate at The Shanty BBQ, saw Jerry Jeff Walker at Schultz’s, skinny dipped in Barton Creek, went parking at Mt Bonnell(and also the Driskill hotel parking lot, and watched UT win 30 in a row.
Great days.
Instead of being a Texan, pick up truck, red bandanna, gun owning cowboy music, hippie kind of liberal place, I guess today it is more of a cookie cutter, legislative, suit wearing, state capitol kind of liberal place today?
think john Travolta in Urban Cowboy. lots of that there
City officials say the $2 billion in public and private investment pouring into the area is expected to generate millions of dollars in property and sales tax revenue in coming decades, including more than $62 million for affordable housing.
This is a “good use” of public monies, but a sports stadium isn’t, right?
(Yes, I realize Austin will not have any sports stadium other than UT Austin, etc.), just trying to make a point.
$2,000,000,000 in public/private money for this monstrosity.
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